The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-08-26
FINANCE AND COMMERCE.
Money 8 Per Cent, New York Ex'
change 1.S Premium.
-eotton Quiet-MiddIiag Cotton, S5sc
--sales To-day IN f1ttt
imp0r tant.

APPEAL OTrICksk
TArRssDAY BvExINe. August o. lSSI''
The loanable supply fund Is ample
for requirements, with rates firm at
8 per cent Nothing is doing In local
securities. The local cotton market Is
quiet and festurelets. Spot cotton Is
steady at New Orleans; August fut-
ures went of II points, September B
points and the new crop months to
5 points. Liverpool spots advanced
ll6d and futures declined. l to z
points. At New York spots closed
steady; August futures declined II
points, and the new crop months
2 to points. O. L. Greene q
Co.'s report Of the 25th on cotton
futures Gays: ION the new crop
months the loading in cotton contracts
has been light and the room I'M
willing to bid with any freedom,
while on prices the tone was weak,
generally ranging off some to 4
points, and closing tsmely. The ad-
vices at hand from the South seemed
to show more or less improving crop
conditions, and European lacked
spirit. In Aueust there was q pretty
big drop, owing to q free offering oil
notice., for which there was no de-
nand, and under the pressure there
was continuous decline, until the
difference as compared with last even
ing amounted to 10 to IS points, wind.
ing up at about the lowest"
The first barrel Of new Louisiana
molasses, received by ]. M. Williams,
was sold to the highest bidder today
in front OF the Merchants Exchange
BY Secretary Keeling. The barrel sold
ct 90 cents to G. r. RYAN b %. An
exchange notes the fact that the esti-
mate Of the crop Of government Java,
made public last week, indicates q
crop Of $50 900 piculs. With the ad.
dition OF l76, 900 piculs OF private crops,
the total crop will reach In the neigh.
hood OF 6O0,000 piculs. When com
pared with lsst years crop, Q heavy
falling Of is seen. Ia connection with
this crop estimate II 10 interesting TO
note that some Brazilian sdvices In.
dictate still further reduction In the
crop Of Rio and Santos, which would
reduce the .o.s! crop 20 ESQ, 600 hsc:.
II will be gathered from the above
that crop estimates made public re-
Gently are unpuestionably very favora'
bic TO "bullish" prices.
"Ths fruit crop Of California this
year." says the San Francisco Journal
OF Commerce, especially inthe line oil
sprieots and cherries, dis immenfe,
Its value can't be plsced ct anything
lees than sl2,O0O.0O0. A very large
portion will be dried. The product oil
everything in dried fruit will equal
where Il does not exceed that Of las'
year, save alone In dried prunes, Of
which there will be only I, SOC, 00C
pounds. ss against 100000 pounds
last year. We viii psci i.0Oj, ooi
boxes OF raisins."
InPoRT5.
Thirty four brls apples, 100 pkg,
butter, coo rolls begging, LIZ pkg
bacon, S92 pkgs boots and shoes
1900 bu corn, 10 pkgs cheese
go sks coffee, 222 axis cotton seed
/ car cotton seed. 1000 bdls cotton
ties, ITO pkg dry goods, 81 pkg,
eggs, 5s2 brls a ,ur, SS2 bales hay, Al
pEes hsts, 30 bead cattle, 20 head
sheep, $40 pigs lard, $1,000 feet lum'
Der, AZ pigs liquors, $50 brls lime
$50 bils meal, 1000 bu osts, 20 brli
onions. 40 brs potatoes, 4 cars pori
sides, $50 brs suga', 40 kgs tobacco